George S. Forman Limited (SC250327): administration
- Status
- Administration ended
- Administration began
- 2020-05-01
- Administrators
- Alistair Mcalinden, Blair Carnegie Nimmo
- Administrators' firm
- KPMG
- Formerly
- Energypowers Limited
- Incorporated
- 2003-05-30
- Location
- Glasgow
- Industry
- 03110 Marine fishing
Why it went into administration
- Management failings / irregularities
- Funding withdrawn / unable to refinance
From the administrators' statement
Established on 30 May 2003, the Company was privately owned and family run, operating a
‘ business which specialised in the import and redistribution of fish throughout all parts of the UK and Europe. This was achieved using the services of other entities within its corporate group (the Company is a subsidiary of Covenant (Holdings) Limited and has a number of sister subsidiaries).
The Company, which operated from owned premises in Peterhead, employed 11 people, ail of which were made redundant by the Director prior to our appointment.
Administrators' statement of proposals (2020-06-26) · Companies House register